What's the Standard Deduction for 2025? Key Changes and Updated Amounts

New tax break alert! If you’re turning 65 or older, you may now qualify for an extra $6,000 tax deduction — on top of your regular standard deduction. It’s part of the new “Big Beautiful Bill” and applies to 2025–2028. That means when you file in 2026, you could see thousands shaved off your taxable income — just for turning 65! But there’s a catch…. 💡 Follow me — I’ll keep you ahead of every new tax credit, deduction, and money-saving tip you won’t hear anywhere else. #TaxTips #ConsumerNews #M

Understanding Tax Deductions: Itemized vs. Standard Deduction

Here are the 2020 tax brackets. What is your rate?

Standard Deduction vs. Itemized: Which Is Best For Taxes?

Standard Deduction vs. Itemized

Standard vs. Itemized Deduction Calculator: Which Should You Take? - Blog